Community First Fund has been awarded $40 million in new market tax credits, which it can use to support economic-development projects around the region. The
State utility regulators are putting an indefinite hold on the proposed sale of York-based United Fiber & Data, a deal valued at about $37.5 million, according to filings with the Pennsylvania Public Utility Commission.The PUC said it needs more time to complete its review of the deal, according to a Sept. 18 letter from the PUC […]
Part of the Three Mile Island nuclear power station is poised for a restart thanks to a growing thirst for electricity from data centers, the foundation of an economy built on machine learning, artificial intelligence and cloud computing.Plant owner Constellation announced plans Friday to restart unit 1 at the Dauphin County power station and sell its electricity […]
Alison Smith has joined the Pittsburgh office of the Harrisburg-based law firm McNees Wallace & Nurick as an of counsel attorney.Smith worked most recently as chief counsel for PNC Bank and brings 28 years of experience in fiduciary, nonprofit and estate planning law. She will practice in McNees’s orphans’ court litigation, estate planning and charitable/nonprofit […]
Carol Steinour Young has been named president of the board of directors of the Dauphin County Court Appointed Special Advocate Program, a nonprofit that arranges legal representation for children with interests before the court.Steinour Young, who had served as the board’s president-elect for the past eight months, joined the board in June 2022 and has […]
A Pennsylvania state senator is escalating his dispute with the state revenue department over tax records related to an economic development zone in the Lehigh Valley.For the last few months, Sen. Jarrett Coleman has been seeking tax records related to a state-sanctioned improvement zone in downtown Allentown and questioning whether taxpayers are getting their money’s […]
Restaurateur Victor Claffey is gearing up to open a restaurant called Bloom in the former Left Bank Restaurant and Bar in downtown York.Claffey, an Irish native with two decades of restaurant experience in Ireland and the U.S., hopes to infuse new life into the space, which is one of the oldest fine-dining establishments in York.“I think there is a […]
After her older brother died by suicide nearly 20 years ago, Kara McCaffrey felt drawn toward efforts to prevent others from following.“It’s just something that I’ve always cared about,” said McCaffrey, whose family owns Houck Group, a regional construction contractor based in West Hanover Township, Dauphin County.The personal became professional when she started working in […]
Stephen Loiseau has been named vice president of corporate development for PennSpring Capital. It is a new role for the Lancaster-based private equity firm and involves overseeing growth for companies in PennSpring’s investment portfolio.Loiseau worked most recently as a sales rep for tech startup Motive. He also has experience as a principal in a real estate […]
Yesterday’s half-point cut to interest rates will make businesses more comfortable with borrowing, particularly if they have an immediate need to spend.However, others may continue to hold off, anticipating further rate cuts and awaiting the outcome of the presidential election in November.That’s the view of local financial executives who spoke yesterday with biznewsPA shortly after […]
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